"The addition of America Semiconductor to our prestigious line card allows MTEL to further demonstrate its expertise in supplying worldwide OEM and contract manufacturers with among the industry's most comprehensive selection of semiconductor products," stated Mark Teitelbaum, president of MTEL. "America Semiconductor's extensive offering will help us streamline customers' supply-chain while reaffirming our commitment to provide unparalleled sourcing capabilities. We look forward to assisting America Semiconductor expand markets and increase sales for many years to come."

Under the terms of the agreement, MTEL will distribute America Semiconductor's full lines of rugged high-reliability high-power standard, fast and super-fast recovery rectifiers, low-power and bridge rectifiers, diacs, IGBT modules, SCRs, Triacs, TVS and Zener diodes worldwide. With over 30 years experience in the electronic component distribution sector, MTEL Electronics is uniquely qualified to distribute America Semiconductor's products as they specialize in the development and implementation of innovative, cost-effective, and reliable supply chain solutions which enable customers to accelerate their time-to-market.

"The addition of MTEL Electronics to our global distribution channel is an excellent opportunity to introduce the America Semiconductor brand to a diverse customer base," commented Jeffrey Simon, chief executive officer of America Semiconductor. "MTEL's in-depth understanding of our products and markets makes them the ideal partner. We are pleased to have added them to our network of world-class distributors and are confident customers will benefit from MTEL's proven logistical support and superior service."